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Analysis Of Education In Terms Of Externalities

Author

Listed:
  • Rodica Gherghina

    (Bucharest Academy of Economic Studies)

  • Irina Zgreabăn

    (Bucharest Academy of Economic Studies)

  • Ioana Duca

    (Titu Maiorescu University Bucharest)

Abstract

Research highlights the problem regarding education externalities in the context of quantifying the effects which it produces on an individual level and at the society level. At the same time, the research highlights the importance of externalities in terms of evaluation of investment policies in education and emphasizes the need for greater concentration, in practice, on these elements. Externalities have to complete any cost-benefit analysis of the education effects, the context in which at the historical timeline, education accompanies the modernization process. In terms of public policy, education is considered public or private property according to its effects on each stage of human development.

Suggested Citation

  • Rodica Gherghina & Irina Zgreabăn & Ioana Duca, 2009. "Analysis Of Education In Terms Of Externalities," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 12(12(541)(s), pages 103-108, December.
    • Handle: RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:103-108
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    File URL: http://www.ectap.ro/documente/suplimente/Finantele%20si%20stabilitatea%20economica_Finante_en2010.pdf
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    Cited by:

    1. Menashy, Francine & Dryden-Peterson, Sarah, 2015. "The Global Partnership for Education’s evolving support to fragile and conflict-affected states," International Journal of Educational Development, Elsevier, vol. 44(C), pages 82-94.

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